HeathenChef
voted
Hi, mooers!
Has this ever happened to you? After you bought a stock, its price started to go down. The price bounced back right after you let go of it. It seems like we are somewhat being cursed because the market goes against our moves. Have you ever thought of why this happened and how to avoid it? This article might help!
Spoiler: There's a chance for you to win points if you read till the end.
Why should we review our trades?
Writing reviews is one of the most effective ways to evaluate our past performance. A comprehensive review should include the assessment and analysis of your progress and mistakes. Reviews could be the basis for better planning and decision-making in the long run.
Please take a look at what @Jamesimsaid about reviewing trades: WHY DO YOU WANT TO REVIEW?
How to review your trades?
Tip 1: Record the actions and results
You can write down your trading ticker, the P/L, transaction details like entry and exit points, order details like buying and selling prices, etc. Details of your actions and results are essential to the reviews and analysis afterward.
Check out the examples below:
Tip 2: Write down your observations
Apart from the records of your actions, reviews can also include observations. You can always reflect on yourself, the companies you are watching, or the overall stock market. If you are a daytrader, you can take screenshots of intraday charts and comment on them. Besides, technical indicators are helpful when you are trying to uncover patterns. We've found that most trading reviews concentrate on self-analysis and include little about the related companies and market sentiments. Let's see how to do it appropriately below.
"Leap of Faith with Leap Option Play" by @Moo Top
"Era of electronic car competition" by @Jamesim
Tip 3: Accept your mistakes and celebrate your progress
With the records of actions and observations mentioned above, you can dig deeper to uncover the mistakes and progress you've made. In this process, there shouldn't be any hard feelings. We can celebrate and learn from both failures and successes. Reviews enable you to keep tabs on your growth as a trader and the weak links of your trade. Only by constantly improving yourself can you become more confident. An excellent example is as follows: Watch out Trailing Stop!!
Tip 4: Monitor and control your emotions
Being indulged in emotions, negative or positive, could lead to impulsive actions. A review of your trade allows you to note down how you feel when encountering a specific situation. This practice enables you to accept and acknowledge the emotions behind every transaction.
Example to review your emotion "Lost by not entering, won by not entering too." @Moo to Moon FTW, and @Ganar Poco
Trading reviews are powerful learning tools. Writing them is part of the excellent mechanism that helps you discover what you want and what suits you the best. A couple of months later, you may start to uncover the patterns of your trades, which means your trading system is taking shape!
How can moomoo empower your review?
moomoo's trading notes allow you to record the details of your current position target and the profits and losses. It also records the number of stocks and the frequency of your trades within a certain period. Your review could become much more straightforward and precise with the trading notes. Let's take a look at how to use the "review" features on moomoo!
In addition, by reviewing your trade with moomoo, you will be able to exchange notes with other mooers. A friendly community vibe is what we encourage and appreciate. If you have any suggestions, please feel free to comment!
Final Words
Nothing is too silly to be recorded in your review. Just write down what happened when you missed a trade because you were watching the latest episode of a Netflix series or you were busy talking to your sweetheart. Remember that the best time to start writing is now! Over time, writing reviews would improve your trading efficiency. The reviews could be your key to favorable trades if they're consistently and constantly updated.
Share your tips for reviewing trades and comment below, and we will select the top 10 users with the most likes to give away 88 points reward!
Has this ever happened to you? After you bought a stock, its price started to go down. The price bounced back right after you let go of it. It seems like we are somewhat being cursed because the market goes against our moves. Have you ever thought of why this happened and how to avoid it? This article might help!
Spoiler: There's a chance for you to win points if you read till the end.
Why should we review our trades?
Writing reviews is one of the most effective ways to evaluate our past performance. A comprehensive review should include the assessment and analysis of your progress and mistakes. Reviews could be the basis for better planning and decision-making in the long run.
Please take a look at what @Jamesimsaid about reviewing trades: WHY DO YOU WANT TO REVIEW?
How to review your trades?
Tip 1: Record the actions and results
You can write down your trading ticker, the P/L, transaction details like entry and exit points, order details like buying and selling prices, etc. Details of your actions and results are essential to the reviews and analysis afterward.
Check out the examples below:
Tip 2: Write down your observations
Apart from the records of your actions, reviews can also include observations. You can always reflect on yourself, the companies you are watching, or the overall stock market. If you are a daytrader, you can take screenshots of intraday charts and comment on them. Besides, technical indicators are helpful when you are trying to uncover patterns. We've found that most trading reviews concentrate on self-analysis and include little about the related companies and market sentiments. Let's see how to do it appropriately below.
"Leap of Faith with Leap Option Play" by @Moo Top
"Era of electronic car competition" by @Jamesim
Tip 3: Accept your mistakes and celebrate your progress
With the records of actions and observations mentioned above, you can dig deeper to uncover the mistakes and progress you've made. In this process, there shouldn't be any hard feelings. We can celebrate and learn from both failures and successes. Reviews enable you to keep tabs on your growth as a trader and the weak links of your trade. Only by constantly improving yourself can you become more confident. An excellent example is as follows: Watch out Trailing Stop!!
Tip 4: Monitor and control your emotions
Being indulged in emotions, negative or positive, could lead to impulsive actions. A review of your trade allows you to note down how you feel when encountering a specific situation. This practice enables you to accept and acknowledge the emotions behind every transaction.
Example to review your emotion "Lost by not entering, won by not entering too." @Moo to Moon FTW, and @Ganar Poco
Trading reviews are powerful learning tools. Writing them is part of the excellent mechanism that helps you discover what you want and what suits you the best. A couple of months later, you may start to uncover the patterns of your trades, which means your trading system is taking shape!
How can moomoo empower your review?
moomoo's trading notes allow you to record the details of your current position target and the profits and losses. It also records the number of stocks and the frequency of your trades within a certain period. Your review could become much more straightforward and precise with the trading notes. Let's take a look at how to use the "review" features on moomoo!
In addition, by reviewing your trade with moomoo, you will be able to exchange notes with other mooers. A friendly community vibe is what we encourage and appreciate. If you have any suggestions, please feel free to comment!
Final Words
Nothing is too silly to be recorded in your review. Just write down what happened when you missed a trade because you were watching the latest episode of a Netflix series or you were busy talking to your sweetheart. Remember that the best time to start writing is now! Over time, writing reviews would improve your trading efficiency. The reviews could be your key to favorable trades if they're consistently and constantly updated.
Share your tips for reviewing trades and comment below, and we will select the top 10 users with the most likes to give away 88 points reward!
+6
147
22
HeathenChef
liked and commented on
Against the backdrop of the global covid-19 pandemic, 2021 has brought new challenges and opportunities to this year's trading. We responded with laughter and tears. This post compiles six stories that present a vivid picture of mooers' investing experiences. We sincerely hope that you will enjoy the stories!
Spoiler: There's a chance to get a bonus if you read till the end.
"Never forget why you started, so your mission can be completed."
Every incredible adventure started with a baby step. When we look back to the very beginning of our trading journey, we ask ourselves why we got started in the first place? Realistically speaking, money is what we all are after, but what made us brave enough to take the first step? Here is one of the most satisfying answers.
"She Has Inspired Me" said by @HuatLady. His trading journey started with his 21 birthday gift – a $100 saving bank account book from his parents.
"I was touched because that was her virtuous desire for me to be independent, and to make effective decisions, not only for the trading field but throughout my life for a better Future."
Making profits is not the ultimate goal of investing. What you can learn in the process will get you further in life.
"The only way to overcome bad luck is working hard."
Novices deserve a bit of "beginner's luck." "Did I have beginner's luck when I first started trading?" @cowabangawas quite confident at first because of the money he made in the market. After that, there're setbacks, and there's luck again.
"As I trade along, the results are certainly compelling! I dare say I have one of the finest beginner's luck out there for my first few wins at the market provided trading returns in folds. It was truly an amazing experience given the confidence it spurs in you. But like what the market veterans would say 'the market giveth, the market taketh'..."
The truth is that luck is the combination of skills and opportunities. Many things that look like luck at first blush are part of a cycle.
After investing for some time, many mooers might feel anxious and regretful. Some of us can't stop thinking about what we should've done when we were younger and what could've been achieved if we'd chosen differently. @aoimizushared his advice with the younger ones at "I hate finance ... but I'm here"
"I support young people who want to begin their investment journey early. As mentioned in a previous post (Gen Z and debt), I'd put aside my part-time job earnings as the capital for investments. I'd be more proactive in scanning the news and be updated on the overall environment. I'd become more curious about the companies that make the products I use, and study them more closely."
@小虎发大财wrote something about his words to himself if he can travel back in time at his post "I started my investment journey in 2017."
"I entered the market without any knowledge and purely by rumors, ended up suffering a loss.From there onwards, i started reading and watching video on youtube to educate myself, even till now hungry for knowledge. If I can return back time, i will tell myself to start off investment way earlier."
Regrets are common in trade because they occur both when you make a move or do absolutely nothing. How to deal with "regrets" when you want to start with "if only"? @Powerhouseresponded with "Really? Then you are not playing big enough!!"
"Investment is like this. You lost some here; you better wake up your idea to earn more somewhere else...Play within your means. That is how I consoled myself. Lose, never mind, just don't lose your mind and spirit. Miss the boat, try the other boat beside it!"
"The minute you appreciate what you have, joyfulness overcomes suffering."
2021 may not be the best in your life, but it couldn't be worse than 2020. Could it? We survived 2020, so when we start to appreciate what we have, 2021 could be a year full of joyfulness.
Do you agree with @Syueeat her post "Birds of a Feather, Flock Together!"?
"I believe in following the practice of gratitude, giving and sharing with the less fortunate. Not everyone is as lucky to have a roof over their heads, clothes to cover their bodies and food to fill their stomachs...Happiness keeps you sweet. Trials keep you strong. Sorrows keep you human. Failure keeps you humble. Success keeps you glowing. FAMILY keeps you GOING."
Moo community is committed to accompanying you throughout your trading journey and offering as much support as we can.
2021 might be the start of the trading journey for many mooers. We've seen many mooers saying that moomoo is what gets them started in trading. That is AWESOME!
@aoimizusaid in one of his posts, "There is a sense of camaraderie in the moomoo community, making me feel that this is not a lonely journey and I can always ask for help". This is exactly what moomoo wants to bring to all of you! We will always be there for you. Wish you all a very happy 2022 ahead!
Bonus
What's the most inspiring investing story you've heard this year? Comment under this post and tell us the story now! We will select the 1st, 10th, 20th, 30th, 40th...(multiples of 10) comments to give away 88 points each!
Duration: Now- Dec 28, 2021 11:59 PM SGT
moomoo annual ceremony is happening right now! Check it out here: 2021 in Review: Grow Together to the Moon!
Spoiler: There's a chance to get a bonus if you read till the end.
"Never forget why you started, so your mission can be completed."
Every incredible adventure started with a baby step. When we look back to the very beginning of our trading journey, we ask ourselves why we got started in the first place? Realistically speaking, money is what we all are after, but what made us brave enough to take the first step? Here is one of the most satisfying answers.
"She Has Inspired Me" said by @HuatLady. His trading journey started with his 21 birthday gift – a $100 saving bank account book from his parents.
"I was touched because that was her virtuous desire for me to be independent, and to make effective decisions, not only for the trading field but throughout my life for a better Future."
Making profits is not the ultimate goal of investing. What you can learn in the process will get you further in life.
"The only way to overcome bad luck is working hard."
Novices deserve a bit of "beginner's luck." "Did I have beginner's luck when I first started trading?" @cowabangawas quite confident at first because of the money he made in the market. After that, there're setbacks, and there's luck again.
"As I trade along, the results are certainly compelling! I dare say I have one of the finest beginner's luck out there for my first few wins at the market provided trading returns in folds. It was truly an amazing experience given the confidence it spurs in you. But like what the market veterans would say 'the market giveth, the market taketh'..."
The truth is that luck is the combination of skills and opportunities. Many things that look like luck at first blush are part of a cycle.
After investing for some time, many mooers might feel anxious and regretful. Some of us can't stop thinking about what we should've done when we were younger and what could've been achieved if we'd chosen differently. @aoimizushared his advice with the younger ones at "I hate finance ... but I'm here"
"I support young people who want to begin their investment journey early. As mentioned in a previous post (Gen Z and debt), I'd put aside my part-time job earnings as the capital for investments. I'd be more proactive in scanning the news and be updated on the overall environment. I'd become more curious about the companies that make the products I use, and study them more closely."
@小虎发大财wrote something about his words to himself if he can travel back in time at his post "I started my investment journey in 2017."
"I entered the market without any knowledge and purely by rumors, ended up suffering a loss.From there onwards, i started reading and watching video on youtube to educate myself, even till now hungry for knowledge. If I can return back time, i will tell myself to start off investment way earlier."
Regrets are common in trade because they occur both when you make a move or do absolutely nothing. How to deal with "regrets" when you want to start with "if only"? @Powerhouseresponded with "Really? Then you are not playing big enough!!"
"Investment is like this. You lost some here; you better wake up your idea to earn more somewhere else...Play within your means. That is how I consoled myself. Lose, never mind, just don't lose your mind and spirit. Miss the boat, try the other boat beside it!"
"The minute you appreciate what you have, joyfulness overcomes suffering."
2021 may not be the best in your life, but it couldn't be worse than 2020. Could it? We survived 2020, so when we start to appreciate what we have, 2021 could be a year full of joyfulness.
Do you agree with @Syueeat her post "Birds of a Feather, Flock Together!"?
"I believe in following the practice of gratitude, giving and sharing with the less fortunate. Not everyone is as lucky to have a roof over their heads, clothes to cover their bodies and food to fill their stomachs...Happiness keeps you sweet. Trials keep you strong. Sorrows keep you human. Failure keeps you humble. Success keeps you glowing. FAMILY keeps you GOING."
Moo community is committed to accompanying you throughout your trading journey and offering as much support as we can.
2021 might be the start of the trading journey for many mooers. We've seen many mooers saying that moomoo is what gets them started in trading. That is AWESOME!
@aoimizusaid in one of his posts, "There is a sense of camaraderie in the moomoo community, making me feel that this is not a lonely journey and I can always ask for help". This is exactly what moomoo wants to bring to all of you! We will always be there for you. Wish you all a very happy 2022 ahead!
Bonus
What's the most inspiring investing story you've heard this year? Comment under this post and tell us the story now! We will select the 1st, 10th, 20th, 30th, 40th...(multiples of 10) comments to give away 88 points each!
Duration: Now- Dec 28, 2021 11:59 PM SGT
moomoo annual ceremony is happening right now! Check it out here: 2021 in Review: Grow Together to the Moon!
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195
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HeathenChef
liked
$Berkshire Hathaway-B (BRK.B.US)$ $Snowflake (SNOW.US)$ $Apple (AAPL.US)$
A list for investors into quality or value stocks to plough through.
Not sure how Snowflake got into the list! Likely have a strong moat.
A list for investors into quality or value stocks to plough through.
Not sure how Snowflake got into the list! Likely have a strong moat.
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HeathenChef
liked
$Goldman Sachs (GS.US)$ pointed out that of the 25% increase in the $SPDR S&P 500 ETF (SPY.US)$ so far this year, more than 1/3 of the gains came from $Apple (AAPL.US)$, $Microsoft (MSFT.US)$, $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$, and $Alphabet-A (GOOGL.US)$.
In addition to the five most popular technology stocks, Goldman Sachs Group listed the 25 stocks that contributed the most to the S&P 500 YTD return.
In addition to the five most popular technology stocks, Goldman Sachs Group listed the 25 stocks that contributed the most to the S&P 500 YTD return.
Expand
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HeathenChef
liked
yay, video games!!!!!
1
HeathenChef
commented on
America's billionaires have unloaded $42.9 billion in stock through the start of December, more than double the $20.2 billion they sold in all of 2020, according to the Bloomberg Billionaires Index.
Why are billionaires selling off their stocks?
One plausible explanation is that this is how they plan to pay their upcoming tax bills in the new year.Last month, the House of Representatives passed a superwealth surtax of 5% on income over $10 million and 3% more if it tops $25 million.
The surtax — which would take effect in 2022 and still has to make it through the Senate — applies to capital gains, meaning cashing out stock holdings would be pricier. In other words, billionaires have two more weeks to save up to 8% on their tax bills.
Another factor driving sales is that the Fed has to step in to cool down the overheated economy with tapering, could billionaires be selling off their stocks at the “top” before a market crash?
Also,billionaires could have a variety of personal reasons for selling now, including funding charitable endeavors, like Jeff Bezos.
Mooers, what do you think about the recent billionaire selloffs?
Source: Bloomberg, CNBC
Why are billionaires selling off their stocks?
One plausible explanation is that this is how they plan to pay their upcoming tax bills in the new year.Last month, the House of Representatives passed a superwealth surtax of 5% on income over $10 million and 3% more if it tops $25 million.
The surtax — which would take effect in 2022 and still has to make it through the Senate — applies to capital gains, meaning cashing out stock holdings would be pricier. In other words, billionaires have two more weeks to save up to 8% on their tax bills.
Another factor driving sales is that the Fed has to step in to cool down the overheated economy with tapering, could billionaires be selling off their stocks at the “top” before a market crash?
Also,billionaires could have a variety of personal reasons for selling now, including funding charitable endeavors, like Jeff Bezos.
Mooers, what do you think about the recent billionaire selloffs?
Source: Bloomberg, CNBC
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14
HeathenChef
liked
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were little changed in early morning trading on Wednesday as investors readied for Wednesday's highly anticipated Federal Reserve decision.
- The planned $2.5 trillion increase to the borrowing limit should push the next standoff between Democrats and Republicans in Congress past next year's midterm elections.
Market Snapshot
U.S. stock futures were little changed in early morning trading on Wednesday as investors readied for Wednesday's highly anticipated Federal Reserve decision.
$Dow Jones Industrial Average (.DJI.US)$ futures gained 33 points. $S&P 500 Index (.SPX.US)$ futures was flat, and the $NASDAQ 100 Index (.NDX.US)$ futures hovered below the flatline.
Top News
Stock futures edge up ahead of fed decision
U.S. stock futures inched higher ahead of a policy decision from the Federal Reserve, as investors waited to see if the Omicron variant will change the timeline for reducing its easy-money measures.
Fed set to address rising inflation at key policy meeting
It is the first meeting since Chairman Jerome Powell said the Fed needed to shift its focus toward preventing higher inflation and away from fostering a rapid rebound in hiring from the pandemic.
Oil companies have good prospects for 2022, says Jefferies
Jefferies remains positive about the prospects for major oil companies and says those more exposed to natural gas prices stand to benefit the most, as the bank expects the global gas market to remain tight through 2025.
House approves increase in debt ceiling
The planned $2.5 trillion increase to the borrowing limit should push the next standoff between Democrats and Republicans in Congress past next year's midterm elections.
Study finds two Pfizer vaccine doses offer less protection against Omicron than against Delta
The first large real-world study found that while Omicron reduced vaccine effectiveness against infection to 33% from 80% for Delta, its effect on protection against hospitalization was less marked, falling to 70% from 93%. $Pfizer (PFE.US)$
Apple renews mask rules in U.S. stores
The iPhone maker cited rising Covid-19 cases in many communities for its decision to tighten its requirements for customers and employees at its retail locations. $Apple (AAPL.US)$
Chanel picks industry outsider to lead French fashion house
Leena Nair will become CEO of the luxury company next year after leading human resources at Unilever. $Unilever (UL.US)$
Read More
Meme ETF has fallen every day since launch last week
What is fund managers' top pick for 2022?
Elon Musk slams Warren Buffett's job as "super boring", what do you say?
Tesla to accept Dogecoin for merch, sparks rally in token
4 charts show what the travel industry looks like 2 years into the pandemic
Bull Session | America's billionaires are selling off stocks like never before, why?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were little changed in early morning trading on Wednesday as investors readied for Wednesday's highly anticipated Federal Reserve decision.
- The planned $2.5 trillion increase to the borrowing limit should push the next standoff between Democrats and Republicans in Congress past next year's midterm elections.
Market Snapshot
U.S. stock futures were little changed in early morning trading on Wednesday as investors readied for Wednesday's highly anticipated Federal Reserve decision.
$Dow Jones Industrial Average (.DJI.US)$ futures gained 33 points. $S&P 500 Index (.SPX.US)$ futures was flat, and the $NASDAQ 100 Index (.NDX.US)$ futures hovered below the flatline.
Top News
Stock futures edge up ahead of fed decision
U.S. stock futures inched higher ahead of a policy decision from the Federal Reserve, as investors waited to see if the Omicron variant will change the timeline for reducing its easy-money measures.
Fed set to address rising inflation at key policy meeting
It is the first meeting since Chairman Jerome Powell said the Fed needed to shift its focus toward preventing higher inflation and away from fostering a rapid rebound in hiring from the pandemic.
Oil companies have good prospects for 2022, says Jefferies
Jefferies remains positive about the prospects for major oil companies and says those more exposed to natural gas prices stand to benefit the most, as the bank expects the global gas market to remain tight through 2025.
House approves increase in debt ceiling
The planned $2.5 trillion increase to the borrowing limit should push the next standoff between Democrats and Republicans in Congress past next year's midterm elections.
Study finds two Pfizer vaccine doses offer less protection against Omicron than against Delta
The first large real-world study found that while Omicron reduced vaccine effectiveness against infection to 33% from 80% for Delta, its effect on protection against hospitalization was less marked, falling to 70% from 93%. $Pfizer (PFE.US)$
Apple renews mask rules in U.S. stores
The iPhone maker cited rising Covid-19 cases in many communities for its decision to tighten its requirements for customers and employees at its retail locations. $Apple (AAPL.US)$
Chanel picks industry outsider to lead French fashion house
Leena Nair will become CEO of the luxury company next year after leading human resources at Unilever. $Unilever (UL.US)$
Read More
Meme ETF has fallen every day since launch last week
What is fund managers' top pick for 2022?
Elon Musk slams Warren Buffett's job as "super boring", what do you say?
Tesla to accept Dogecoin for merch, sparks rally in token
4 charts show what the travel industry looks like 2 years into the pandemic
Bull Session | America's billionaires are selling off stocks like never before, why?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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